The stock of ISHARES V PUBLIC LIMITED COMPANY ISHRS S&P 500 GBP HEDGED ETF (ACC) (LON:IGUS) reached all time high today, Nov, 24 and still has GBX 5549.37 target or 8.00% above today’s GBX 5138.31 share price. This indicates more upside for the GBX company. This technical setup was reported by Barchart.com. If the GBX 5549.37 PT is reached, the company will be worth GBX more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The ETF increased 0.48% or GBX 24.31 on November 24, hitting GBX 5138.31. About 9,907 shares traded hands. ISHARES V PUBLIC LIMITED COMPANY ISHRS S&P 500 GBP HEDGED ETF (ACC) (LON:IGUS) has risen 5.16% since April 19, 2016 and is uptrending. It has underperformed by 0.25% the S&P500.